Make no mistake about it, the modern software industry has a lot of providers who cover a wide range of industries. If you run an MLM system or multi-level marketing program, you’re probably looking for a software that would help make your life so much easier. Make no mistake about it, when you automate your operations, you can definitely turn your multi-level marketing business, whether it’s a small one-man band, or it’s a huge operation, into something more streamlined, simpler, and more effective operation.
It’s easy to see the need for MLM software. What is more problematic is picking the right MLM software solution. This is where many operators of multi-level marketing programs stumble. They often end up buying one software package after another, until they find the right solution. As you can probably well imagine, doing things that way can get quite expensive very quickly. Worse of all, it burns through a lot of time.
If you’re a very busy MLM professional, you know that your time is your most important asset. Accordingly, here are the five hallmarks you should be on the lookout for so you can quickly identify high-quality MLM software you should investigate further.
This guide is intended to give you a rough idea of what to look for, so you can investigate further. In other words, this should give you a good shorthand approach to quickly discount lower quality options so you can focus on selecting the very best solution for your particular needs.
MLM system worth in salt is able to track which person sent which referral, so the right people can get paid at the right time. Furthermore, that payment is often split up among many different tiers of referrals. As you can probably imagine, if you try to do these by hand, things can get quite confusing very quickly. Similarly, if you try to use the wrong software for this type of tracking, it’s too easy to pay the wrong people or fail to pay the right people.
You need clear tracking. This goes a long way in helping preserve the goodwill of the people participating in your own multi-level marketing program. The more peace of mind they have, the higher the likelihood that they would continue to recruit more promoters and thereby maintain the profitability of your operations.
Scalable with volume
As mentioned above, there is no shortage of software solutions out there. The problem is, they’re often built under different situations and circumstances. In fact, in many cases, a lot of these multi-level marketing software or software being marketed as such, were developed in stress-free or ideal environments. Put simply, they were put together in a situation where people aren’t really using them in any real volume. Because if they were subjected to a tremendous amount of scalability stress, many of them would not be up to the job. That’s just the reality.
You need to look for an MLM software that can scale with the volume of referrals going in and out of your network. I can’t emphasize this enough, because the moment your program drops or ignores certain referrals, the word will go out that your system doesn’t pay people. That is the last thing that you want to see happen.
Solid tier tracking scalability and control
By simply sharing the word and getting credited with it, you can stand to earn money from that referral, not just once but many times over. In fact, in many cases, MLM programs pay referrals for sales that originally took place many years ago. As long as the billing for those sales continues to recur, the original referrers have maximum peace of mind that they would continue to be paid. What underlines this whole process is the concept of tiers. You want to motivate people to keep on referring and this means their tiers have to be well-tracked, recorded, and compensated regardless of how big your network becomes.
Any type of software involves installation. Now, you might be thinking that this should be pretty basic. You might be thinking that when people buy software, it goes without saying that they should be able to use it on their Windows platform and get right down to business. Unfortunately, you are assuming too much.
You see, in the world of software development, a lot of developers are under the impression that if they’re selling highly-sophisticated, or highly unusual software, this gives them license to insist on additional service opportunities. In other words, you have to hire the software company behind the MLM software that you bought to customize Windows so it would run the software. I know this sounds crazy, but it actually takes place quite a bit.
You don’t want to be in that situation. Instead, you want to buy software so easy to use, that you don’t need additional software packages for it to do the job that it was intended to do.
Track record of performance
Make no mistake about it, when you buy highly customized or one-of-a-kind software, you are the Guinea pig for that software. This is dangerous territory because all sorts of problems can break out. You don’t want to subsidize the learning curve of the software development company behind that software.
Unfortunately, that’s exactly what’s happening when you buy custom software. Maybe it’s the first time they developed multi-level marketing automation software. Maybe this is their first adventure into MLM software industry. Whatever the case may be, you are paying the price that they should be. In fact, the roles should be flipped. They should have rigorously tested the software, and then you come in later on to take full advantage of the benefits of tried and proven software.
To dispense with all these unnecessary headaches, go with a software solution that has a track record performance. In other words, this software has gone through many different versions. It’s been around the block for quite some time, maybe it has been around for three years, or maybe even ten years. Whatever the case may be, there are many releases, or a lot of the bugs have been taken care of. Also, a lot of the missing features have been added. This increases the likelihood that you’d be buying software that is up to the job.
Make no mistake about it. Automating your multi-level marketing empire is tough work. You need quality MLM software that will give you the clear tracking, scalability, the tier management system, as well as the ease of installation and track record performance you need to get the job done.